Ripple (XRP)

XRP is a token used for representing the transfer of value across the Ripple Network. The main purpose of XRP is to be a mediator for other - both cryptocurrencies and fiat - exchanges. Ripple is a network of institutional payment-providers such as banks and money services businesses that use solutions developed by Ripple to provide a frictionless experience to send money globally. Banks, payment providers, digital asset exchanges & corporates can use RippleNet to capture new revenue, expand reach, simplify payments & increase exposure.

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